In March 2026, the death of Leonid Radvinsky, an American entrepreneur of Ukrainian descent who owned the world-renowned subscription content platform OnlyFans, was announced. The businessman passed away at the age of 43 after a prolonged battle with cancer. This was confirmed by representatives of the company’s London office.
This is reported by Finway
“The reclusive billionaire of Ukrainian descent, Leonid (Leo) Radvinsky, has died at the age of 43 after a long struggle with cancer. This information was officially confirmed by the company’s London office.”
Biography and Charitable Activities of Leonid Radvinsky
Leonid Radvinsky was born in Odesa and emigrated to Chicago, USA, with his family during his childhood. In recent years, he resided in Florida. Known for his privacy, the businessman rarely gave interviews, but he was actively involved in philanthropy. Among the initiatives he supported were the Memorial Sloan Kettering Cancer Center, open-source projects, and animal protection organizations.
Radvinsky’s Impact on the Development of OnlyFans
The OnlyFans platform was created in the United Kingdom in 2016 by brothers Guy and Tim Stokely. However, it was after Radvinsky acquired a controlling stake in 2018 that the service became a global phenomenon in the adult content world. He enabled creators to directly monetize their work, and the real explosion in OnlyFans’ popularity occurred during the Covid-19 pandemic.
Currently, there are over 4.6 million creator accounts registered on the platform and about 377 million users. The company’s revenue is generated through a 20% commission on the total amount of all subscriptions and content sales.
In 2025, OnlyFans became the most profitable company in the world, with a revenue of $37.6 million per employee. Since 2021, Radvinsky received dividends totaling approximately $1.8 billion. Shortly before his death, he was negotiating a potential sale of 60% of the company’s shares to the San Francisco investment firm Architect Capital, but by the end of winter, the negotiations were still in the early stages.
Following the owner’s death, the future of the OnlyFans platform has come into sharp focus. Additionally, it is known that between 2020 and 2022, Ukrainian tax authorities discovered 384 million hryvnias in unpaid taxes collected from OnlyFans stars.